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Huawei's net profit dips in 2024 but revenue soars amid R&D pushThe company added that in 2024 it continued to optimize its business mix for cloud computing. Huawei's intelligent automotive solutions turned a profit in 2024 for the first time, the company noted.
In-house chips and AI ecosystem expand, global cloud reach accelerates Huawei's Kunpeng and Ascend chip ecosystems made steady progress in 2024, backed by more than 8,500 partners and 6.65 million ...
Huawei has been trying to adapt its business to deal with U.S. sanctions that have restricted its access to key technologies ...
China's Huawei Technologies said on Monday its profit fell by over a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an earnings boost, while its ...
BEIJING/SHENZHEN (Reuters) -China's Huawei Technologies said on Monday its profit fell by over a quarter in 2024 versus a year ... Ascend and cloud computing products. Huawei has emerged as ...
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